At Credit Suisse, RWAs leap over Sfr5 billion
Credit RWAs grew 4% due to a combination of model, accounting and regulatory changes
Credit Suisse’s credit risk-weighted assets jumped Sfr8.2 billion ($8 billion) in the first three months of the year.
The adoption of a new accounting standard for leases accounted for Sfr3.2 billion of the increase. Changes to models used to calculate residential real estate exposures, and the migration of certain other loans to the standardised approach, added Sfr2.1 billion to credit RWAs. Movements in risk levels and foreign exchange added another Sfr2.8 billion.
In total, credit RWAs
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